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Emerging clean tech companies win state funds

Companies being nurtured by VertueLab get money to work on their startup businesses

Seven Oregon clean tech startup companies being aided by VertueLab won a total of $1.5 million in grants from Business Oregon, the state economic development agency.

VertueLab is nonprofit that helps nurture emerging clean tech companies, those whose mission is environmental in nature. Formerly known as Oregon BEST, VertueLab began as a state project, and continues to actively build Oregon's clean tech sector.

The seven companies and their grants:

• Inpipe Energy of Beaverton: $100,000 for technology that generates electricity from water flow in municipal pipes

• Rute Foundation Systems of Portland: $100,000 for modular wind tower foundations that reduce the use of concrete